[Congressional Record Volume 149, Number 2 (Wednesday, January 8, 2003)]
[House]
[Page H65]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REMOVING THE TAX ON DIVIDENDS
(Mr. SESSIONS asked and was given permission to address the House for
1 minute.)
Mr. SESSIONS. Mr. Speaker, President Bush this week announced plans
to make sure that in the tax proposals that this Congress will address
that as part of that tax package we will not tax dividends, and I want
to stand up and say how proud I am of what the President is doing
because it is furthering the commitment that I believe this House of
Representatives should have as well as the President to where we do not
tax savings or investment in America.
I believe as the vigorous debate takes place across this country and
in this body we will find out that this will be good for people who
will be able to save money, save money, and not have it taxed in
between that period of time every year for tax purposes but will see
their savings grow. I am proud of what this President is doing. I plan
to support not only his tax bill but the things the President does, and
I offer a hearty congratulations to the President of the United States,
George W. Bush.
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